Tex. Gov't Code Section 844.009
Partial Lump-sum Distribution on Service Retirement

(a)

With the consent of the board of trustees, the governing body of a subdivision may authorize partial lump-sum distributions under this section.

(b)

A member who is eligible and applies for service retirement may simultaneously apply for a partial lump-sum distribution under this section.

(c)

The amount of a lump-sum distribution under this section may not exceed 100 percent of the total accumulated contributions in the member’s individual account in the employees saving fund attributable to service with the subdivision for which the member has applied for retirement.

(d)

Repealed by Acts 2007, 80th Leg., R.S., Ch. 873, Sec. 92(12), eff. January 1, 2008.

(e)

For all purposes, the member’s basic annuity is the annuity actuarially determined from the sum remaining under Section 844.002 (Composition of Retirement Annuity)(b) after deducting the amount of the lump-sum distribution.

(f)

The amount of a lump-sum distribution made under this section is considered to be an annuity payment for the purpose of determining whether the amount in the retiree’s individual account in the employees saving fund available for distribution at the time of retirement exceeds the total amount of annuity payments made.

(g)

Repealed by Acts 2007, 80th Leg., R.S., Ch. 873, Sec. 92(12), eff. January 1, 2008.

(h)

No portion of a benefit awarded to an alternate payee under a qualified domestic relations order may be distributed in the form of a lump sum under this section, unless the member and the alternate payee agree in writing that the alternate payee will receive all or a portion of the lump-sum distribution payable under this section instead of or as part of the benefits awarded under the qualified domestic relations order.

(i)

Repealed by Acts 2001, 77th Leg., ch. 122, Sec. 56(2), eff, Dec. 31, 2001.
Added by Acts 1999, 76th Leg., ch. 901, Sec. 1, eff. Dec. 31, 1999; Amended by Acts 2001, 77th Leg., ch. 122, Sec. 25, 56(2), eff. Dec. 31, 2001; Acts 2003, 78th Leg., ch. 621, Sec. 19, eff. Jan. 1, 2004.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 873 (H.B. 1587), Sec. 34, eff. January 1, 2008.
Acts 2007, 80th Leg., R.S., Ch. 873 (H.B. 1587), Sec. 92(12), eff. January 1, 2008.

Source: Section 844.009 — Partial Lump-sum Distribution on Service Retirement, https://statutes.­capitol.­texas.­gov/Docs/GV/htm/GV.­844.­htm#844.­009 (accessed Jun. 5, 2024).

844.001
Types of Benefits 844.002
Composition of Retirement Annuity 844.003
Effective Date of Retirement 844.004
Standard Retirement Annuity 844.005
When Annuity Is Payable 844.006
Change of Beneficiary or Division of Benefit for Certain Persons Receiving Monthly Benefits 844.007
Interest Credit for Other than December Retirements 844.008
Limitation on Payment of Benefits 844.009
Partial Lump-sum Distribution on Service Retirement 844.010
Certain Beneficiary Designations 844.0041
Optional Retirement Annuities 844.0042
Authority to Pay Benefits Under Alternate Forms 844.101
Application for Service Retirement Annuity 844.102
Systemwide Eligibility for Service Retirement Annuity 844.208
Optional Increase in Retirement Annuities 844.209
Alternative Optional Increase in Retirement Annuities 844.301
Application for Disability Retirement 844.302
Eligibility for Disability Retirement Annuity 844.303
Certification of Disability 844.306
Medical Examination of Disability Retiree 844.307
Cancellation of Disability Retirement 844.309
Adjustments at Annuity Termination 844.401
Return of Accumulated Contributions 844.402
Return of Excess Contributions 844.404
Person Causing Death of Member or Annuitant 844.405
Trust as Beneficiary 844.406
Simultaneous Death of Member and Beneficiary 844.407
Survivor Annuity 844.408
No Surviving Spouse, Executor, or Administrator 844.501
Coverage in Optional Group Term Life Program 844.502
Extended Optional Group Term Life Coverage 844.503
Member Optional Group Term Life 844.504
Retiree Optional Group Term Life Benefit 844.505
Beneficiary of Optional Group Term Life Benefit 844.601
Plan Funding by Non-adopting County 844.701
Applicability 844.702
Member Contributions 844.703
Subdivision Contributions 844.704
Benefits 844.1021
Optional Eligibility Provisions for Service Retirement 844.1022
Special Eligibility Provisions for Service Retirement 844.3011
Annuity Payable on Disability Retirement 844.3051
Disability Retirement Considered Service Retirement
Green check means up to date. Up to date

Accessed:
Jun. 5, 2024

§ 844.009’s source at texas​.gov